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Google-parent Alphabet s cloud division misses revenue estimates, as Microsoft s cloud booms

Google-parent Alphabet s cloud division misses revenue estimates, as Microsoft s cloud booms
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Google-parent Alphabet s cloud division misses revenue estimates – The Irish Times

Search giant’s shares drop after weaker than expected earnings

Microsoft sales beat estimates as customers prepare for AI rollout

(Reuters) -Microsoft on Tuesday beat Wall Street estimates for fiscal first-quarter results in all segments, with its cloud computing and PC businesses growing as customers anticipate using its artificial-intelligence offerings. Microsoft, which has heavily backed and collaborated with OpenAI, has yet to roll out most of the products based on its work with the ChatGPT creator. Microsoft shares were up 3% in after-hours trading.

Alphabet 3Q Cloud revenue miss sends stock tumbling

Google parent Alphabet Inc (NASDAQ:GOOG) reported a more than double-digit percentage year-over-year jump in revenue for the third quarter but investors.

Microsoft, Google post starkly different results for cloud, AI sales - National

Microsoft's revenue rose 13 per cent to $56.5 billion in the quarter ended Sept. 30, while Google Cloud's third-quarter revenue rose 22.5 per cent to $8.41 billion.

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